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Note 4 - Earnings (Loss) Per Common Share - Reconciliation of Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net income attributable to Corning Incorporated $ 563 $ 449 $ 1,144 $ 1,048
Less: Series A convertible preferred stock dividend 24
Less: Excess consideration paid for redemption of preferred shares [1] 803 803
Net income (loss) available to common shareholders 563 (354) 1,144 221
Net income (loss) available to common shareholders – diluted $ 563 $ (354) $ 1,144 $ 221
Weighted-average common shares outstanding – basic (in shares) 843 844 843 805
Employee stock options and other dilutive securities (in shares) 13 14 17
Weighted-average common shares outstanding – diluted (in shares) 856 844 857 822
Basic (Note 4) (in dollars per share) $ 0.67 $ (0.42) $ 1.36 $ 0.27
Diluted (Note 4) (in dollars per share) $ 0.66 $ (0.42) $ 1.33 $ 0.27
Total (in shares) 2 33 2 63
Share-Based Payment Arrangement [Member]        
Total (in shares) 2 24 2 1
Series A Convertible Preferred Stock [Member]        
Series A convertible preferred stock (1) (in shares) [2] 9 62
[1] Refer to Note 4 (Earnings (Loss) per Common Share) and Note 12 (Shareholders' Equity) to the consolidated financial statements for additional information.
[2] For the three and six months ended June 30, 2021, the Preferred Stock was anti-dilutive; therefore, it was excluded from the calculation of diluted earnings (loss) per share